Alaska

Tax credit apartments in Palmer, AK

HUD's database lists 9 properties in Palmer built or rehabbed with low-income housing tax credits: 309 apartments, 277 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

Chugach Colony Estates

1102 S Chugach St, Palmer, AK 99645

HUD lists it as senior housing · 25 1BR, 6 2BR

Apartments
31
Income-restricted
28
Placed in service
2008

Colony Estates

831 S Chugach St, Palmer, AK 99645

HUD lists it as senior housing · 22 1BR, 2 2BR

Apartments
24
Income-restricted
20
Placed in service
1998

Creekwood Apts

1910 N Creekwood Park Cir, Palmer, AK 99645

12 1BR, 24 2BR, 12 3BR

Apartments
48
Income-restricted
48
Placed in service
2006

Eagle Ridge Of Palmer

1775 N Thuma St, Palmer, AK 99645

16 2BR, 17 3BR

Apartments
33
Income-restricted
32
Placed in service
2007

Eagle Ridge Townhomes

1775 North Thuma, Palmer, AK 99645

Apartments
33
Income-restricted
32
Placed in service
2007

Hunter Creek Apts. Of Palmer, LP

855 West Fern Avenue, Palmer, AK 99645

Apartments
32
Income-restricted
31
Placed in service
2002

Whispering Winds I

507 East Cope Industrial Way, Palmer, AK 99645

16 1BR, 26 2BR

Apartments
42
Income-restricted
32
Placed in service
2019

Whispering Winds II

511 East Cope Industrial Way, Palmer, AK 99645

22 1BR, 20 2BR

Apartments
42
Income-restricted
30
Placed in service
2020

Willow Pointe Apts

925 South Chugach, Palmer, AK 99645

Apartments
24
Income-restricted
24
Placed in service
2022

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.